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  3. V.K. Mercantile Private Limited Acquires 35,000 Equity Shares in Dollar Industries Limited
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  • 02 Mar 2026
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 V.K. Mercantile Private Limited Acquires 35,000 Equity Shares in Dollar Industries Limited

V.K. Mercantile Private Limited acquired 35,000 equity shares in Dollar Industries Limited through open market purchase on 02-03-2026. The acquisition increased V.K. Mercantile's shareholding from 79,39,670 shares (14.00%) to 79,74,670 shares (14.06%). V.K. Mercantile belongs to the promoter group of Dollar Industries Limited, which has total equity capital of 5,67,16,120 shares valued at ₹2 each.

V.K. Mercantile Private Limited Acquires 35,000 Equity Shares in Dollar Industries Limited

V.K. Mercantile Private Limited has disclosed the acquisition of 35,000 equity shares in Dollar Industries Limited through open market purchase, as per regulatory filing submitted to stock exchanges on 02-03-2026. The acquisition was made in compliance with Regulation 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Acquisition Details The share purchase transaction was completed on 02-03-2026, with V.K. Mercantile acquiring 35,000 equity shares representing 0.06% of Dollar Industries Limited's total share capital. The acquisition was executed through open market purchase mechanism. Transaction Parameter: Details Shares Acquired: 35,000 equity shares Acquisition Method: Open Market Purchase Transaction Date: 02-03-2026 Share Type: Equity shares with voting rights Percentage Acquired: 0.06% Shareholding Pattern Changes Following the acquisition, V.K. Mercantile's total shareholding in Dollar Industries Limited has increased from 79,39,670 shares to 79,74,670 shares. This represents an increase in ownership percentage from 14.00% to 14.06% of the total share capital. Shareholding Details: Before Acquisition After Acquisition Change Number of Shares: 79,39,670 79,74,670 +35,000 Ownership Percentage: 14.00% 14.06% +0.06% Voting Rights: 14.00% 14.06% +0.06% Company Information V.K. Mercantile Private Limited belongs to the promoter group of Dollar Industries Limited. Dollar Industries Limited is listed on both BSE Limited and National Stock Exchange of India Ltd. The company maintains a total equity share capital of 5,67,16,120 equity shares with a face value of ₹2 each, totaling ₹11,34,32,240. Regulatory Compliance The disclosure was filed by Ankit Gupta, Director of V.K. Mercantile Private Limited (DIN: 07194153), in accordance with SEBI regulations governing substantial acquisition of shares and takeovers. The filing ensures transparency in shareholding changes for publicly listed companies and maintains regulatory compliance standards. Orissa Bengal Carrier Limited has officially changed its corporate name to OBCL Limited following approval from the Ministry of Corporate Affairs (MCA). The company announced this significant corporate development to stock exchanges on March 02, 2026, marking the completion of a formal name change process that had been in progress since January 2026. Regulatory Approval and Timeline The Registrar of Companies under the Ministry of Corporate Affairs granted approval for the name change with effect from March 02, 2026. This approval came after the company had previously intimated the stock exchanges about the proposed name change on January 14, 2026 and February 20, 2026. The Certificate of Incorporation pursuant to the change of name was issued by the Central Processing Centre, confirming the transition from "Orissa Bengal Carrier Limited" to "OBCL Limited". Parameter: Details Effective Date: March 02, 2026 Previous Name: Orissa Bengal Carrier Limited New Name: OBCL Limited Approval Authority: Ministry of Corporate Affairs Certificate Issued By: Central Processing Centre Corporate Identification and Trading Details The company operates under Corporate Identification Number L63090CT1994PLC008732 and trades on stock exchanges with scrip code 541206 on BSE and trading symbol OBCL on NSE. The company was originally incorporated as Orissa Bengal Carrier Private Limited before becoming a public limited company. The registered office is located at Jiwan Bima Marg, Pandri, Raipur, Chattisgarh. Compliance and Documentation The name change has been executed in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Muskaan Gupta signed the official intimation to stock exchanges, ensuring proper regulatory compliance. The change also involves consequent alterations to the company's Memorandum and Articles of Association to reflect the new corporate name. Stakeholder Impact and Obligations As per regulatory requirements, the company must display its old name alongside the new name for a period of two years at all places where it is required to display its corporate name under Section 12 of the Companies Act. The Certificate of Incorporation clarifies that this name change does not affect the rights and liabilities of stakeholders. All stakeholders are advised to verify the company's latest status and view public documents on the Ministry of Corporate Affairs website. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. 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